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josh fox on his latest short, occupy sandy, an account of selfless hurricane relief and those who provided it. but first rick santelli and bill o'reilly are angry and very angry. when it doesn't fit anywhere else, we put it in the viewfinder. >> ladies and gentlemen the fiscal cliff. [ ♪ music ♪ ] >> it's my point rick. >> go to charlotte and say fairness, and then they run to try to beat the tax man which is-- >> i think he's doing his job. >> shame on them. >> no, he's doing his job. >> i don't want to talk about it any more. >> he's gone. >> no, fox news, you guys are too angry. >> i'm not angry governor. i'm a happy guy. i want our traditions to be respected. that's all. >> well, merry christmas. [ ♪ music ♪ ] >> do not attempt to adjust your tv settings or smack the dvr. yes, that is a shetland pony, and a zebra taking a wednesday morning trot down staten island's victory boulevard. >> that is so cool. wouldn't you just want to hop out of the boat on top. >> didn't "moby dick" end up in the whale's mouth? >> jonah? >> i was thinking about jonah. >> we have breaking ne
city facing rising sea levels and the next big storm. >> if sandy were to come close or directly into norfolk i think we'd all be in big trouble. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure that they stay on track. we are here to make sure that they graduate. we want to prepare them for high school. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for
of a roller coaster dumped into the ocean by hurricane sandy. this is the morning news. hurricane sandy. this is the morning news. ♪ we're just looking right? of course. this is the leo diamond. wow. it's the first diamond ever independently certified to be visibly brighter. it's...perfect. it even fits. that's because... ♪ ...i already had it sized. will you marry me? [ female announcer ] the visibly brighter leo diamond. handcrafted by the master diamond artisans at leo schachter. at kay, the number-one jewelry store in america. yes. ♪ every kiss begins with kay i need all the help i can get. i tell them, "come straight to the table." i say, "it's breakfast time, not playtime." "there's fruit, milk and i'm putting a little nutella on your whole-wheat toast." funny, that last part gets through. [ male announcer ] serving nutella is quick and easy. its great taste comes from a unique combination of simple ingredients like hazelnuts, skim milk and a hint of cocoa. okay, plates in the sink, grab your backpacks -- [ male announcer ] nutella. breakfast never tasted this good. side by
for around $50 billion to aid states ravaged by superstorm sandy. a partisan battle could ensue over the request. it falls short of the combined $82 billion sought for rebuilding efforts in new york, new jersey, and connecticut. a new federal study has found that the practice known as fracking can cause earthquakes. oil and gas operations caused the majority if not all earthquakes in certain areas of new mexico and colorado between 2001 and 2011. the report's co-author called fracking is as high risk that we need to be considering. washington state put into effect two news laws today with major national significance. as of midnight, possession of up to 1 ounce of marijuana is now legal in washington state, following the approval of a state ballot initiative last month. in enacting the measure, washington is the first state to decriminalize recreational marijuana use and the first to do so anywhere by popular vote. meanwhile, same-sex marriage is also now legal in washington as of midnight after also having been approved by voters on election day one month ago. those are some of the h
, the jobs report is expected to be very dismal, about 75,000 net jobs. some of that is because of sandy, but housing market is rebuilding, it's recovering. that makes people feel more wealthy. this retail season is going to be very critical. it's going to tell us a lot. stocks could go up on that. we have some tail winds but right now there is a lot of question marks. >> gregg: brenda, we'll talk about sandy and impact on the economy in the next hour. you can catch brenda "bulls and bears", 10:00 a.m. right here on the fox news channel. >> heather: coming up, investigators finding the case of a new jersey train derailment. it left on the dangerous gases spewing into the air. an important week for the administration. president obama expected to start announcing picks for his new cabinet but with ambassador susan rice stirring up controversy who is in and who is out? our panel weighs in. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tr
and coaches knew of his troubled at home which were many. >> super storm sandy took out homes, took out their homes, but it can't take their christmas. the blue angels giving the smallest victim as big reason to smile. well show you unless breaking news changes everything. this is "studio b." but first from fox at 3:00 in new york city, new signs today that crisis in syria could spiral into a global conflict. today, nato joined the world powers with stern warning of threats of possible intervention coming today amid u.s. intelligence reports that they have moved dangerous chemical weapons. the sources say it involved movement in weapon sites, the teach activity they have not seen at all before. analysts say they believe syria could have throughs of chemical agents on their hands, including mustard gas and sarin gas, a deadly nerve gas. the syrian civil war intensifies. today, officials say a mortar slanted to a 9 the grade classroom in damascus killed a dozen students. the news agency blames "terrorists," a term the syrian government uses often to describe the rebels fighting against th
more than a month now since super storm sandy unleashed a surge of water that destroyed neighborhoods upon neighborhoods along the east coast. all these weeks later we are feeling the effects of the storm. how sandy really flattened the economy. and what did america's children do to deserve this? fox reports on a program that will require students in several states to spend hundreds more hours in school each year. plus the new plan to save a small town doctor from extension. --ti extinction. that is a cust. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. humans -- sometis life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to your policy. don't forget to ask about sang up to 10% when you combine your auto and home insurance with liberty mu
of our best values of the year. this is the pursuit of perfection. >> greta: victims of superstorm sandy blasting the feds in a 60 seconds. first, let's go to the new york newsroom where ainsley earhardt is standing by with the headlines. >> police arresting software guru john mcafee in guatemala. he crossed into the country to evade authorities in belize who want to question him in connection with the murder of his neighbor. mcafee maintains he's innocent and he says that he left because he's afraid police will kill him if he's caught. authorities in guatemala say he was arrested for illegal entering the country. >>> the national weather service looking to change its hurricane warning system in the wake of superstorm. the agency said that it might start issuing watches and warnings for life threatening storms even when they're no longer hurricanes or tropical storms. critics argue that people in the northeast didn't realize the dangers of sandy. the storm killed more than 125 people in the u.s. i'm ainsley earhardt. now back to greta. thanks for watching fox. have a great night. >> you'
president mohammed morsi. >> and hurricane sandy left many people homeless. new reaction from victims furious at relief response and president obama. >> president obama, he said he was going to cut through the red tape. he lied. he says, what do you mean? i said you lied. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>. >> heather: two people have died after a bus crash in florida. the doubling decker was carrying 32 members of a church group when it slammed in an overpass. >> people in wyoming say the man involved in a deadly attacks yesterday used a bow and arrow in one of killings. authorities say this christopher krum first stabbed a woman on friday and then went to the college where his father was teaching and shot him with a bow and arrow. he later stabbed and killed himself. >> more than hundred people are waiting to return to home after a train derail
a pretty good rebound. as you said, some of the hurricane sandy koufax did affect this number we will find out on monday whether the sales came back when they announced november numbers. if you average this out, we saw, even in our company, a decline in sales of our merchant services. we have seen more of a return to normal and i was encouraged, but i guess it is now black thursday to cyber monday sales look pretty good. connell: everyone says, all right, well, what if we do not get there in terms of this washington self that monica was just talking about and we do not have a deal at the end of the year. does that didn't stop us in our tracks and terms of economic recovery? >> 20% odds on recession. if you go over the cliff and the economy falls into recession, you may have higher tax rates, but you will not have higher revenues. if you go back into recession, less people working, less income, more people out of work, more employment compensation, i do not think that is in anyone's interest. connell: if i had to make a prediction, it is in both interest of speaker boehner and president oba
: and as the holidays draw near, we check in on the victims of hurricane sandy. how they're surviving, plus an international story of americans who know all too well what they're going through and are now lending a helping hand. >> rick: we begin with a fox news extreme weather alert out of northern california. they're now being slammed there by another in a series of severe storms that have already killed one person. the region already dealing with flash floods, mud slides, downed trees, power lines. people there say they've never seen anything like it. >> i haven't seen this in many years. this much water running through my property. that water runup should not come on our property. they have to have holding ponds or some sort of drainage in place to divert or what have you, from my property 'cause it's just below there. >> rick: dominic is live in california with the very latest. dominic? >> hey there, rick. suddenly round three tonight and we're going to see the heaviest rain since this began on wednesday. in fact, possibly more rainfalling tonight than the last two storms combined, bel
before. remember, we had big jobless claims reports for a few weeks in a row because of hurricane sandy, superstorm sandy. it looks like those are coming down again. the big jobs report will be tomorrow, which will give us the real gauge of what's happen iin here. they expect only 77,000 jobs added. and the unemployment rate, they think, will tick back up to 8%. 77,000. why? because of superstorm sandy. you didn't have hiring, people getting jobs in the northeast because during that time the last month or so. >> jack welch right now, they went up after the election. >> those chicago people. >>> all morning we've been following major developments in both syria, in egypt and syria there are new fears that they could unleash nerve gas on some of the rebels. that's a report from nbc news, that syria is loading the component chemicals. cnn has not confirmed that report yet. egypt, protoasters have started to gather outside the presidential palace in cairo. lots of anger building after the new president gave himself extra powers. the protests were very violent last night. the clashes killed a
sandy. and mitt romney bounces back with a new job. ashley morrison here in new york with that. >> asian markets saw a mixed day. tokyo's nikkei dropped a quarter percent while hong kong's hang seng added a fraction. >>> a report showing a decline in manufacturing sank stocks on wall street. the dow fell 59 points while the nasdaq lost eight points. >>> hurricane sandy gave a boost to the auto industry. analysts say it added up to 30,000 sales last month with as many as 30,000 vehicles needing to be replaced. the big three auto makers all posting gains in sales. general motors up 3%. ford 6.5%. and chrysler sales increased 14%. >>> drug maker pfizer is preparing to cut back its work force. the layoffs will target sales representatives who market drugs to doctors. pfizer is facing increased competition from generic drugs, particularly from the generic version of its cholesterol medication lipitor. >>> mitt romney may not have gotten the job he wanted when he lost the presidential election, but he's going back to work. romney will rejoin the board of marriott international. he's held the s
to those left devastated by those hurt by hurricane sandy. he got help. >> santa hitching a ride abord blue angel support plane fat albert. there are no aerobatics. the pilot said it is in keeping of show casing the nave yemarines. >> we get to go all over the world and help people out. it is special to come to our back yard and our neighborhoods and do the same thing for our folks . bringing toys to kids can't get better than that. >> the aircraft is the military equivalent of santa's sleigh. these toys are heading to new jersey to lift of the spirits of chdren affected by hurricane sandy. >> i like the military and everything. it was awesome meeting everybody and talking to everybody and also getting the presents. >> his father is a volunteer firefighter and helped perform rescue while his own home was taking on water. >> i would rather be giving and helping than receiving. it is nice to know that there is much love and appreciation for everybody. >> in addition to helping families, toys for tots is assisting the charities. at a time when they can't think of toys when they are focusing on
morning." one month ago today superstorm sandy slammed into the east coast, it killed at least 125 americans. the storm caused at least $62 billion in damage. sandy destroyed 100 miles of shore line. >> fixing those beaches will require a lot of sandwich is become harder to find. as ben tracey reports some of california's most famous beach towns are now fighting over it. >> the ocean is going to come back and claim its territory no matter what you do. >> reporter: jefferson wagner has surfed the waters off of malibu since the 1960s. >> there's no beach left here when the tide comes in. >> that's correct. >> reporter: he took to us malibu beach. it once looked like this. now low tide is the only time you can find a sliver of sand to sit on. >> as of five, six years ago the sand was right now would be over our heads, five or six years ago. >> we would be underneath the sand. >> we would be under the sand right now today. >> reporter: this public beach is being battered by strong storms and rising sea levels. threatening multimillion dollar homes. those same homes are blocking the na
,000 jobs last month. economists were expecting more than that. at some point through superstorm sandy and how that may have impacted the results in the northeast or the adp report is seen as an indicator for jobs report. we were given new unemployment rate that i can share with you. greg: citigroup says it is cutting 11,000 jobs. about 40% of the global workforce. this they are expected to save $1.1 billion per year, and is the first major action since the banking giant named a new ceo. the group is not saying exactly how many of these lost jobs will be here in the united states are you with that they plan to close 44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now t
for first-time unemployment claims last week. that's a high number. forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that what's they are arguing. >> reporter: that's what they are arguing. but the president wants higher tax rates on the rich web's standing firm on that. the republicans are not going to say caved but they agreed to $800 billion in extra tax revenues over 10 years. so yes a tax increase is coming in one form or another. and you add that to the payroll tax increase and you have got a big tax increase coming count pike in a weak economy. martha: it will hurt across the board from the top to the bottom. everybody's financial picture will look diff
shopping season is going so far. we know that those november retail sales reflected sandy and some other one-time issues. what do you think really is happening behind the scenes in terms of what's happening for holiday shopping? >> well, i think it's the same story every year. the promotions start early, black friday's always a big weekend, this year was no different, and it depends on who you listen to nrf was very optimistic about the estimates, gallup was not so much, and then the sandy-related numbers. there are clear winners and losers here. it's the sandy blameathon, clearly, but some of the winners and losers walmart and limited. >> walmart and limited. who do you think is in trouble. we saw gap shares down by 7%. is that a reflection of the dividend they won't be paying or the special dividend. is there something more with what's going on with stores there? >> well, i think everybody's nervous now, certainly. again, after you saw the tough numbers in november, the question is, do retailers get nervous? do they press the pedal in terms of more and more promotions? gap yesterday wa
sandy blasting president obama and fema for leaving them out in the cold. more than a month after sandy battered the east coast, many people still without electricity, others struggling to rebuild their homes. and they say the feds are not giving them the help they promised. tonight in new york, fed up victims confronting government officials. wnyw reporter is live in balance hor borbalharbour queens with t. >> reporter: this meeting was a bit calmer than that. probably because it was inside of a church, but folks here just as frustrated with the entire process. you may remember that the cap for fema if you received the aid and go through all the red tape is just under $32,000 which seems like a decent amount. when you're talking about the cost of living here in the new york metro area, it's kind of like small potatoes. we were talking to one couple here, their home gutted, but they want to rebuild. they have to rebuild. this is the only area they've ever known to live in here, so they have nowhere else to go. they're going to have to reach into their own pockets and shell out tens of t
can feel the rage. hurricane sandy and the eruption at fema officials. ahead of the holiday season. we will update you coming up next. and a cartoon snake comes the new face of a 2 trillion-dollar pension nightmare. we will tell you which state could be collapsing under the weight of its own promises, and whether you'll come in the u.s. taxpayer, could be footing the bill for a government bailout that you probably don't realize. >> so the pool of money is smaller. the demand on a pool of money leaves the current workers to ask whether there will be enough when they are able to retire. the problem is the squeeze. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. the megyn: we are keeping a close eye on cairo, egypt, after they have drafted
's assassination nfl games were played and after hurricane sandy games were played. this is unsurprising behavior. bill: they played and they won which has been not so often this year. martha: as everyone tries to sort this story out, for the first time we are hearing the audio of the police communications between first responders at the scene as this tragedy unfold. some of this is understandably disturbing. >> code one, number 1 air ahead drive. martha: what an awful story this is. we know miss perkins later died at the hospital. more on this story as we continue. bill: there has been growing concern about concussions in the nfl. back in 2012 players suffered 127 to date. the league has seen the number of players grow from 2004 to 2010. and not just football. conditions happen in the u.s. each and every year. martha: belcher is not the first nfl player to recently take his life. junior say oh and dave diewr on both died of self-inflicted gunshot wounds. we'll talk to jim coming up in the next hour. >> 6 minutes past the hour. former president george herbert walker bush waking up in a houston ho
. superstorm sandy swept away their homes. now they are demanding action to protect against this kind of damage in the feature. [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've gotine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. megyn: as thousands in new york and new jersey struggle to rebuild their lives. residents in one hard-hit community want the government to build seawalls to protect against future storms. but the solution m
,000. this is the second straight drop after super storm sandy. application spiked to 451,003 weeks ago. people can claim unemployment benefits if their work place is forced to close and thereby getting paid. >> two political rivals will be meeting over a meal today. we're talking about president obama and mitt romney. it will be having a private lunch at the white house. if this is the first meeting since the last debate. president obama promise in his speech that he will sit down with romney and talk about how they could both moves for. that will have lunch in a private dining room and that mr. romney is scheduled to meet with his former running mate paul ryan. this will be happening after the lunch. >> the white house to send representatives to capitol hill to find out the conditions of the looming fiscal cliff. they complain that the white house has not provided them on how the president will curb medicaid and medicare. if the president has been consistent and that he does not want the tax to go for people who are under too much as $50. he is adamant that any new tax revenue must come from--he once r
season, one branch of our military affectin affect helping children affected by hurricane sandy. what they are doing, next. that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. jenna: i want to take you back to cairo, egypt where we are watching some developments across the news wires. what we heard earlier from steve harrigan there
. and you just have been really busy during sandy. you responded to sandy and you rally have been helping the folks on long island out it near and dear to your heart. they all are, but this is really near and dear to your heart. >> i did grow up in long island. and it was amazing to see the storm surge and the wind that struck long island. we were literally just opening up roads for a week and a half, which is a long time, just to create access to communities. so the storm there was very powerful. we were able to clear roads and help ambulances get to people's homes and get people in need to the hospitals. we were able to power up critical buildings and do a lot more obviously. and it is just amazing to see such a powerful storm hit such a highly populated area. we don't usually see something like that happen. >> no, i've seen -- i saw the same thing when i was right in the middle of katrina. i understand exactly what you're talking about. it is something to see and behold but also the human spirit during those things is something to see as well. because people really start helping people
year, isaac in august and recently sandy. each storm brought a grim reminder of yet one more ever-present disaster: the deadly cholera epidemic that started ten months after the quake. at the cholera ward of saint luke's hospital just outside the capital port-au-prince, this doctor says since hurricane sandy admissions have doubled from 20 to 40 patients each day. >> most of the new cases are coming from further up the hill in places where we had not seen them before. i'm not positive but perhaps the wells there have been contaminated. >> reporter: experts believe cholera was brought here by u.n. peacekeepers. untreated sewage from this base flowed into a tributary of the river, the major source of water for both washing and drinking. cholera is spread by fecal-oral contact. two years on 200,000 patients have been sickened, 750 d 7,500 have died from diarrhea and fluid loss. each flood brings more contaminated water, more cases. the epidemic prompted massive relief efforts and public campaigns. on the streets and in classrooms promoting hygiene and sanitation. fatalities have drop
his own people and governor chris christie asking the feds to pay 100% for the damage left by sandy. "newsroom" starts now. >>> good morning. thank you so much for being with us. i'm carol costello. we begin this morning in washington where the halls of congress are a little quieter now that house members have gone home for the weekend. the break comes with 26 days to go until the fiscal cliff deadline and after president obama and house speaker john boehner spoke again by phone but failed to reach a deal. boehner says revenues can be on the table just not in the form of tax hikes on the rich. treasury secretary timothy geithner says that just won't work. >> there's no point to an agreement that involve the rates going up on the top 2% of the wealthy. it's only 2%. >> geithner went on to say that he's fully prepared. the obama administration is fully prepared to go off that fiscal cliff if republicans don't agree to tax hikes on the wealthiest americans. let's bring in congressional correspondent kate bolduan. the white house won't budge on taxes. the republican led house takes a br
of the hour, and also, this story. a brave young boy who lost his home and his school in hurricane sandy. well, he is now talking about coping with life. >> when something brings you down, you got to get up. >> you okay, buddy? >>> one family is doing more than a lot after the tragedy that destroyed tens of thousands of homes on the east coast. [ wh] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new yor
>> definitely super storm sandy. i would drive into a tornado any day. we're building a third vehicle. >> brian: how much would to cost right now? >> for the dom? it runs low right now. >> steve: we're going to continue the conversation with him in the after the show show. see you back here tomorrow. so long, everybody. >> it's time for the president and democrats to get serious about the spending problem that our country has. bill: peter doocy is live, was there movement overnight? >> it sounds like things might be stuck. a senior administration official told us that president obama and john boehner had a phone wallace night and politico was reporting that the phone call was curt. they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. w
. government says that hurricane sandy had a big role in that. that could very well be. it also led to reduced wages in the month of october. a lot of construction people along those lines could not work in the middle of all this. there will be work for them when this starts to rebuild which is some sort of silver lining there. the storm affected dozens of states with the most severe damage happening in new york and in new jersey. bill: looking to see bulldozers in some of those neighborhoods unfortunately. >>> new tension in the middle east. this is cairo, egypt. this is the scene in tahrir square and almost nightfall. look at the crowd that has gathered after lawmakers approve a new constitution threatening to inflame already tense situation between the opposition and the heart-line government. steve hair gan streaming -- harrigan, streaming live in cairo, egypt the constitution already written. coming under sharp criticism. what do we know about it, steve? >> reporter: it is being criticized by opponents of this government. first of all people say it is a rush job. they basically pulled an
headlines. sandy's impact. buyers are back. and a big bake sale. joining me now forbes staff writer morgan brennan. let's get to hurricane sandy which took a toll of on consumer spending. "consumer reports" says spending fell in october after rising in september. the gdp was higher than estimated. i never can quite figure out how they can both be true and whether or not this continues in coming months. >> that's a great question. i think we need to start with the revised number for the third quarter. the reason we saw gdp growth in the third quarter was because businesses were restocking their inventory. an government spending increased about 9.5%. not sustainable indicators of economic growth in the long term. consumer spending makes up about 70% of economic growth. the fact we saw that come down in october and actually the fact in november the early numbers despite a robust holiday shopping weekend are still not looking so good is why we're seeing economists predict a weak fourth quarter economic number. and we're actually seeing numbers as low as 1% which would be really terrible. >> no
that sandy visited the -- hurricane sandy visited extraordinary damage on a large portion of the northeast. i come from maryland and we were not very substantially damaged but obviously new jersey, new york, and connecticut in particular, can the gentleman tell me, i know the administration has -- administration has not come down with a number that number i presume will be well north of $50 billion, but this is one of , in terms of the estimates being made, one of the five most damaging storms to hit the coast of the united states of america. i'm wondering whether or not the gentleman might have in mind doing some interim at a figure substantially below what we know will be the ultimate figure and in the next three weeks before christmas and then could the gentleman tell me whether or not if we can do that, whether or not the gentleman would require that it be offset and i yield to my friend. mr. cantor: madam speaker, i tell my friend that the best policy is to rely on the administration and fema to come up with the most accurate prediction of what the cost are before we move. so that would
of those rooms were left vacant for sandy victims and have gone unused and the taxpayers will now have to foot that bill. 73%, how many americans would rather have a cash bonus instead of a holiday work party or gift. the next best thing, a raise. finally, $20,000, that's all you have to fork over for a flash mob proposal at a fancy new york city bistro, it's being auctioned off on a website. there you go. and well, the grinch may not be the only one out trying to steal your grinch this season. holiday gifts through the mail, an opportunity too tempting for them to ignore. they're intercepting thousands of packages, walking up and grabbing them off someone's doorstep and taking it home myself. running away and identity theft expert, joins us now with how to protect yourself and your gifts this holiday season. robert, nice to see you this morning. >> good morning. >> so, let's walk through some of the tips here, first you say, install a locking mailbox at home. on the inside or outside, it doesn't matter, right? >>. >> on the outside of your home, a locking you mailbox, the postal carri
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